Recloser Market report identifies and addresses key markets for implementation of recloser and sectionalizer in the power industry, which would help manufacturers review the growth in demand.
The recloser market (including the sectionalizer market) is projected to reach from USD 2.14 billion in 2017 to USD 2.71 billion by 2022, recloser market growing at a CAGR of 4.88%, from 2017 to 2022.
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“North America: Key market for reclosers”
North America is the second largest market for reclosers and sectionalizers followed by Europe and the Middle East. The US Department of Energy is going to implement smart grids across the US, Canada, and Mexico, which would drive the recloser market.
Moreover, replacement of its aging infrastructure to improve grid reliability and enable smarter power networks to indicate a great potential for the growth of the recloser market in North America. Get Direct order to Complete Report Copy on “Recloser market” spread across 190 pages, profiling 15 companies and supported with 141 tables and 47 figures is now available at www.reportsnreports.com/purchase.aspx?name=1274409
The increasing demand for electric power worldwide and rising investments in smart grids are driving the recloser and sectionalizer market across the world.
“The three-phase segment is expected to hold the largest share of the recloser market, by phase, during the forecast period”
Three-phase reclosers have been predominantly used in industrial applications due to their large power-carrying capacity and suitability for operations of heavier electrical equipment. They are used in the three-phase distribution systems.
Asia Pacific, South America, and the Middle East are expected to show high growth in the three-phase distribution segment, owing to the increasing demand for three-phase power from industries in India, China, Brazil, Saudi Arabia, and Argentina.
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The leading players in the recloser market are Eaton (Ireland), Schneider (France), NOJA Power (Australia), Tavrida (Switzerland), ABB (Switzerland), Hubbell (US), Siemens (Germany), and S&C (US).
The report’s target audience includes:
- Transmission and distribution utilities
- State and national regulatory authorities
- Power generation plants
- Consulting companies and associations in the energy and power sector
- Government and research organizations
- Recloser and sectionalizer manufacturers
- Investment banks
- Engineering, procurement, and construction companies in the distribution sector
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Targeted On the basis of source, Application from Table of content
6 Recloser Market, By Phase Type
6.3 Single Phase
6.4 Triple Single-Phase
7 Recloser Market, By Control Type
8 Recloser Market, By Voltage Rating
8.2 Up to 15 kV
8.3 16 to 27 kV
8.4 28–38 kV